The surge in synthetic intelligence (AI) is considerably reshaping energy demand. AI information facilities can devour considerably extra vitality than conventional information facilities, and Deloitte estimates that energy demand from AI information facilities within the U.S. may improve by greater than 30 occasions by 2035.
A single information heart powering AI can devour as a lot electrical energy as a small metropolis, highlighting the pressing want to handle rising energy demand. Hyperscalers and different industrial gamers are taking issues into their very own arms by bypassing grid connections and investing in on-site pure fuel generators, gasoline cells, or different modular vitality options.
This presents a big alternative for firms within the engineering and building sector, corresponding to Fluor(NYSE: FLR). Fluor has the experience and scale to assist firms navigate the advanced allowing course of, and was named a prime information heart constructor by Information Centre journal in 2025. Here is what traders have to learn about Fluor’s long-term development alternative.
Picture supply: Getty Pictures.
Fluor affords a spread of engineering, procurement, and building (EPC) companies, serving as a common contractor for a few of the most advanced industrial tasks. Fluor is not only a builder; it additionally designs and manages the development of huge, multibillion-dollar services, together with oil refineries, information facilities, and mining complexes.
Its largest enterprise section at this time is city options, the place it supplies experience in constructing superior know-how services, together with AI information facilities and semiconductor crops, in addition to mining infrastructure for the vitality sector, corresponding to copper and lithium. It additionally supplies vitality options, corresponding to liquefied pure fuel (LNG) export terminals, chemical substances, and nuclear energy tasks, in addition to technical and administration companies to the U.S. authorities.
Fluor makes cash from lump-sum (fastened worth) contracts together with reimbursable contracts, which embrace negotiated charges and costs plus prices for labor and supplies. Roughly 82% of its backlog consists of reimbursable contracts, which helps shield Fluor from value overruns as a consequence of inflation or surprising building delays, making its enterprise extra secure than beforehand.
Fluor’s aggressive edge comes from its scale and technical experience developed over its 114-year historical past. The corporate has 27,000 staff throughout 40 international locations and is among the many few with experience in advanced technical tasks, together with the development of nuclear reactors and mining in distant areas worldwide. This potential to deal with megaprojects makes it a go-to for most of the world’s largest firms.
The corporate is positioning itself to deal with large, advanced information heart campuses required by hyperscalers within the U.S. It sees itself as well-positioned to handle the logistical challenges, provide chain administration, and modularization that include these tasks. The corporate has achieved success in constructing information facilities in Asia and Europe and can apply this experience to the North American market.
But it surely is not simply information facilities. Fluor’s mining experience is one other important alternative and a key development driver for its city options section. Whereas many deal with AI software program, substantial uncooked supplies are required for information heart building, together with copper, batteries, and aluminum for superior thermal administration programs.
Fluor is securing front-end engineering and design (FEED) work, which usually results in full building contracts, for copper, lithium, rare-earth minerals, and inexperienced metal. The corporate can also be a significant investor in NuScale Energy and the lead EPC accomplice for its energy crops, beginning with RoPower in Romania. Whereas Fluor is promoting its stake in NuScale, it’ll proceed to play a key position within the buildout.
Fluor’s backlog (the greenback worth of labor awarded however not but accomplished) stands at $28.2 billion as of Sept. 30, with 82% of those contracts reimbursable. Its greatest development proper now comes from the demand for copper, lithium, aluminum, and metal, with tasks throughout North and South America and the Center East. The corporate can also be promoting its stake in NuScale and can use the proceeds for inventory repurchases and different development investments.
Trying forward, administration expects development to speed up after a few years of muted development amid excessive rates of interest and commerce coverage uncertainty, with bigger challenge awards anticipated in late 2026 and early 2027. For traders in search of to capitalize on the AI information heart, vitality, and mining buildouts, Fluor is an intriguing pick-and-shovel inventory at an affordable valuation to purchase at this time.
Before you purchase inventory in Fluor, think about this:
The Motley Idiot Inventory Advisor analyst group simply recognized what they imagine are the 10 finest shares for traders to purchase now… and Fluor wasn’t one in all them. The ten shares that made the lower may produce monster returns within the coming years.
Take into account when Netflix made this record on December 17, 2004… in case you invested $1,000 on the time of our advice, you’d have $477,544!* Or when Nvidia made this record on April 15, 2005… in case you invested $1,000 on the time of our advice, you’d have $1,122,686!*
Now, it’s value noting Inventory Advisor’s whole common return is 955% — a market-crushing outperformance in comparison with 196% for the S&P 500. Do not miss the most recent prime 10 record, accessible with Inventory Advisor, and be a part of an investing neighborhood constructed by particular person traders for particular person traders.
*Inventory Advisor returns as of January 15, 2026.
Courtney Carlsen has no place in any of the shares talked about. The Motley Idiot recommends NuScale Energy. The Motley Idiot has a disclosure coverage.
